GoPro just announced that it’s exiting the drone business and cutting 20% of its workforce, confirming earlier reports of major layoffs in the company’s aerial division. The company’s stock also plunged after it missed revenue estimates. Revenue is estimated at about $340 million for the 4th quarter of 2017, way short of its previous estimate […]
GoPro just announced that it’s exiting the drone business and cutting 20% of its workforce, confirming earlier reports of major layoffs in the company’s aerial division. The company’s stock also plunged after it missed revenue estimates. Revenue is estimated at about $340 million for the 4th quarter of 2017, way short of its previous estimate […]
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